Tyler Co. predicts the following unit sales for the next four months: April, 3,000 units; May, 4,000 units; June, 6,000 units; and July, 2,000 units. The companys policy is to maintain finished goods inventory equal to 30% of the next months sales. At the end of March, the company had 900 finished units on hand. Prepare a production budget for each of the months of April, May, and June.

Exercise 20-11 Manufacturing: Production budget LO P1 Tyler Co. predicts the following unit sales for the next four months: April, 3,000 units; May, 4,000 units; June, 6,000 units; and July, 2,000 units. The company's policy is to maintain finished goods inventory equal to 30% of the next month's sales. At the end of March, the company had 900 finished units on hand. Prepare a production budget for each of the months of April, May, and June. Tyler Co. Production Budget April, May and June May June April Next month's budgeted sales Units to be produced